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PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh

PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […]

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Biggest Fall in Global Energy Investments in History due to COVID-19: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […]

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15 GW Renewable In Two years In The EU to Recover From Pandemic

The European Commission or EU, is planning a massive 15GW push for renewable energy tenders in the next 2 years to pull the union out of the recession caused by the Covid-19 pandemic. The EU has suffered the highest mortality counts as of now, and countries across the continent have struggled to manage wide, extended […]

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EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’

Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […]

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Belectric Builds Solar System for Netherlands’ 1st Green Hybrid Project

German solar power specialist Belectric undergoes construction of a solar power system for Vattenfall’s first complete hybrid power plant called Haringvliet Zuid energy park. This park will consist of a wind farm of 22 MW of capacity, a battery storage system of 12 MW of capacity and a large-scale photovoltaic (PV) system constructed and commissioned […]

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BHEL Tenders for BOS Works for 22 MW Floating Solar Plant for NTPC Project in Kerala

State-owned Bharat Heavy Electricals Ltd (BHEL) has floated tender inviting bids from eligible bidders for the balance of systems (BOS) works for 22 MW floating solar plant for NTPC project in Kerala. Interested bidders can submit their bids starting from today i.e. May 25, 2020, from 9:00 a.m. onwards, and the last date for submitting […]

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HPCL Tenders for Off Grid Solar Plant in Jodhpur

Government-owned Maharatna company Hindustan Petroleum Corporation Ltd (HPCL) has floated tender inviting bids for the 7.5KW off-grid solar energy power plant in Jodhpur, Rajasthan. As per the tender details, the successful bidder will have to install 7.5KW ground-mounted off-grid solar power plant at COCO Pachpadhara Barmer under Jodhpur Retail regional office. The scope of work […]

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Enel Brings Online Three new Wind Farms in North America

Enel has begun operating a 50 MW expansion of the High Lonesome wind farm in Texas, and its 105 MW Riverview & 29.4 MW Castle Rock Ridge II wind farms in Canada Enel, through its US renewable subsidiary Enel Green Power North America, has begun operating a 50 MW expansion of the High Lonesome wind […]

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Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal

The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […]

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